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Beximco International issues a bond with face value of 35645817 Mexican pesos (P) at par. The bond has 11 years maturity. The coupon rate is

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Beximco International issues a bond with face value of 35645817 Mexican pesos (P) at par. The bond has 11 years maturity. The coupon rate is 10.9 percent. If the peso remains stable at its current level of $0.15 over the maturity of the bond and if the Beximco holds the bonds until maturity, the financing cost will be? a. 1090 b. 10.95 c. 9.90 d 10.65

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